Franchisor Premier Franchising Group LLC (PFG) and its former franchise sales organization, Franchise Fastlane LLC (FFL), will pay $1.85 million to settle Federal Trade Commission allegations that they made misleading representations about the Premier Martial Arts (PMA) franchise opportunity and violated the Franchise Rule.

The FTC said the proposed settlements recover $1.85 million for injured consumers and give certain franchisees the option to cancel their franchise agreements without penalty.

The agency announced the settlements in a press release, saying the companies made deceptive claims about the PMA franchise opportunity and violated the Franchise Rule.

The proposed settlements must still be finalized. The FTC did not say in the release when the settlements would take effect or which franchisees would qualify for the cancellation option.

The FTC said the $1.85 million recovered is intended for consumers injured by the companies' conduct.